How it came to be...

  • On September 1, 1983, a 501(c)(3) nonprofit corporation was formed out of a concern by the church board and pastor for a formal program to help people from the congregation with wills, trusts and endowment gifts.

    Anyone who wishes to support the ongoing mission of the church and who desires to give to God through the church is encouraged to utilize the resources of the Foundation    .

    The Foundation board meetings are open to all, and directors serve without compensation, providing a perpetual entity to which gifts and bequests can be made.

    Foundation funds can go to several areas such as:
        Missions
        Building and Property
        Bible Memorial Fund
        Compassionate Ministries
        Scholarships
        Other

    How it is funded...
    Gifts come to the Foundation for any one of several purposes: 

  • · Honor friends and relatives on the
    occasion of birthdays, anniversaries or
    special accomplishments;

    · Memorialize deceased friends
    and relatives;

    · Support the ongoing mission of
    the church;

    · Assist in overall financial planning; and

    · Take advantage of tax deductions.

    Any of these reasons will help us fulfill our roles as stewards in the life of the church and help Salem First Church of the Nazarene fulfill its mission.

    Cash gifts, life insurance, stocks and bonds, real estate, gift annuities or other valuable property may be given to the church through the Foundation. The principal derived from such gifts is generally maintained intact and placed in secure investments. Please request a copy of our "Gift Acceptance Policy" for a complete listing of gifts the Foundation may accept.

    The Foundation is not intended to be a substitute for, nor in any way competitive with, customary giving of tithes and offerings to the church.

    Need help with Estate Planning?
    If you are thinking about estate planning for the first time, or if you need to update an older estate plan, we have resource material and people available to help you.

    Gene Christian has agreed to work with the Foundation and assist people in our congregation with estate planning and planned giving.

    Gene has over 23 years of experience in the planned giving and development business. He is considered one of the region's foremost authorities in the field of estate and charitable planning.

    To get started, the Foundation can provide you with a "Will and Trust Planning Guide" and an "Estate Inventory Form," free for the asking.

    While the Foundation cannot serve as your legal counsel, Gene is trained and experienced to help in areas such as:

    · Protect the way in which your loved
    ones receive their inheritance

    · Include stewardship in the planning
    decision you make

    · How to sell your business while
    minimizing capital gain tax

    · Minimize taxation on retirement plans

    If you would like to learn more about these unique services, call (503) 581-3680.  This service is free to you. There are no insurance or investment products involved.

    The Foundation has developed this program with one clear objective in mind: to simply help people develop a God-honoring estate plan in an area that can often be complicated and confusing.

    Will and Trust Planning Guide
    Estate Inventory Form
    Gift Acceptance Policy
    Bible Memorial Fund

    The Bible Memorial Fund
    The Salem Nazarene Foundation has formed the Bible Memorial Fund to receive donations in memory of loved ones and friends or to recognize such special occasions or accomplishments as birthdays, anniversaries or graduation.

    Funds received will be used to purchase Bibles for baptismal candidates at Salem First Church of the Nazarene. At the time of baptism, each candidate will be presented with a quality, age-appropriate NIV Bible.